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Our Crowdfunding Network Is Growing Part 75
Crowdfunding raise 4 (number 2 on our site) is officially done. It took us a while and we learned a lot about 506(c) in the process. We'll be busy implementing new technology for this in preparation for raise 5, which should be our first raise for a third party.
Our portal will undergo a rebranding to the name RealStarter as we shift to doing third party deals. The legal work for this is basically done at this point after about a year of study. Yes, this is way more complicated than it needs to be.
We'll be getting a new skinning for our website and new process flows. We'll also be implementing back-end plumbing for processing monthly payments for debt projects. Debt seems to be what the crowd wants. We'll be starting a new Title IV debt fund which will initially make use of 506(c). We'll also be pre-funding projects and offering them to the crowd prior to the fund being operational. We're working through the legal for this last piece. I hope to have a deal live in June of this year.
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